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Molson Coors Expands La Colombe Nationwide

Molson Coors Expands La Colombe Nationwide

Nearly a year after entering an exclusive 10-year distribution partnership with Philadelphia-based coffee roaster La Colombe, Molson Coors Beverage Company announced this week that it is taking the brand’s RTD coffee products nationwide in the conventional channel and big box accounts, including Kroger, Walmart, Target and HyVee alongside multiple West Coast regional grocers.

Hard Seltzer Uncertainty Leads Boston Beer Company to Pull 2021 Financial Guidance, Expect ‘Hard Seltzer-Related Inventory Write-Offs’

Hard Seltzer Uncertainty Leads Boston Beer Company to Pull 2021 Financial Guidance, Expect ‘Hard Seltzer-Related Inventory Write-Offs’

Citing “continuing uncertainty about hard seltzer demand trends for the remainder” of 2021, Truly Hard Seltzer maker Boston Beer Company today withdrew its 2021 financial guidance. The company also said it anticipates “hard seltzer-related inventory write-offs, shortfall fees payable to third party brewers, and other costs” that will be incurred throughout the remainder of 2021.

BrewDog Forms JV with Asahi, Prepares for IPO

BrewDog Forms JV with Asahi, Prepares for IPO

BrewDog has formed an international joint venture with Japan’s Asahi as the Scottish craft brewer prepares to go public, the Financial Times reported earlier this week.

Boston Beer to Launch Finnish Long Drink-Inspired RTD — Minus the Gin — Nationwide in November

Boston Beer to Launch Finnish Long Drink-Inspired RTD — Minus the Gin — Nationwide in November

Boston Beer Company’s innovation pipeline continues to pump out new brands as the fall approaches, announcing today a planned nationwide launch in November of Bevy Long Drink, a sparkling refresher inspired by a traditional Finnish cocktail that consists of gin, grapefruit soda, and tonic. However, Boston’s version of the beverage, checking in at 5.8% ABV, won’t contain spirits.

Drizly: RTDs Continued to Gain Share Over Labor Day Weekend

Drizly: RTDs Continued to Gain Share Over Labor Day Weekend

The ready-to-drink canned cocktail segment continued to grow over the Labor Day holiday weekend increasing its share of the liquor category from 4% to 7% year-over-year (YOY) on the e-commerce alcohol delivery platform Drizly.

Jack’s Abby and Atlantic Lawsuit Spills into Rhode Island

Jack’s Abby and Atlantic Lawsuit Spills into Rhode Island

The legal battle between Jack’s Abby Craft Lagers and Atlantic Beverage Distributors has crossed state lines into Rhode Island. Atlantic Importing and Distributing of Rhode Island, Inc., the Ocean State sister company of the Holliston, Massachusetts-based distributor, filed a lawsuit against Jack’s Abby in Rhode Island’s Providence/Bristol County Superior Court on July 23 to prevent the brewery from terminating Atlantic as its Rhode Island wholesaler. The Framingham, Massachusetts-based craft brewery had successfully ended its relationship with Atlantic’s Massachusetts operation in January.